Also mentioned in the atricle that BW can actually affort to give higher dividend!! Hope BW management get the clue....they really need to unlock the potential that the $36 millions to drive the company to the next level!!
Someone has just bought 103,000 shares at 33.5 c. Value investor, it must be. Someone who can appreciate the S$36 m cash sitting in Best World, and of course the recovering consumer markets that Best World sell in.
Best World International Limited has entered into a joint venture with prominent businessmen Frederick Go, a leading player in the property industry, and Wilson Chua, a veteran in the retail and construction supplies industry. - The market seems to be positive about this venture with the stock up 1.5 c to 33.5. Are Frederick Go and Wilson Chua big names in Philippines? Anyone knows?
Who are those prominent people inthe Philippines -Frederick Go and Wilson Chua??? I Googled their names, and can\'t find any article about them or their prominent businesses. Anyone has a clue ?
This is definitely good news. Hope to see more of this actions. Bestworld presence in more than 20 countries but total revenue still lower than Haio in MY alone!!!! Put th3 36m cash to good use and the share price will FLY....this is the best way to reward shareholders!